If you caught our last mailer sent on June 25th, we shared with you that in 2019 the Cleveland Metro Area trended upwards of 5% year-over-year rent growth.
Just 5 days later, Case-Schiller's Q2 2020 Index Report revealed that Cleveland ranks as the 4th highest city in year-over-year value appreciation rate, at 6%.
According to the report, "among the [20 city composites], Phoenix retains the top spot for the 11th consecutive month, with a gain of 8.8% for April. Home prices in Seattle rose by 7.3%, followed by increases in Minneapolis (6.4%) and Cleveland (6.0%).”

These trends are influenced by the expanding presence of major employers in cost-effective, highly educated middle-market territories.
Let us remind you that these Fortune 500 companies are based in Greater Cleveland:
- Progressive Group of Insurance Int'l HQ
- Goodyear Tire & Rubber Int'l HQ
- FirstEnergy
- Parker Hannifin
- Sherwin-Williams HQ
- Travel Centers of America
- J.M. Smucker
- Cleveland is now home to two new Amazon fulfillment centers, now operating and employing 3,000 new jobs in the heart of our operating areas (Euclid & North Randall).